- published: 24 Jan 2014
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In the United States, a utilities commission, utility regulatory commission (URC), public utilities commission (PUC) or public service commission (PSC) is a governing body that regulates the rates and services of a public utility. In some cases, government bodies with the title "public service commission" may be civil service oversight bodies, rather than utilities regulators.
In Canada, a public utilities commission (PUC) is a public utility owned and operated by a municipal or local government under the oversight of one or more elected commissioners. It is not a regulatory body. Its role is analogous to a municipal utility district or public utility district in the US.
The utility that is being regulated may be owned by the consumers that it serves, a mutual utility like a public utility district, a state-owned utility, or it may be a stockholder owned utility either publicly traded on a stock exchange or closely held among just a few investors.
A public utility (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies.
The term utilities can also refer to the set of services provided by these organizations consumed by the public: electricity, natural gas, water, and sewage. Broadband internet services (both fixed-line and mobile) are increasingly being included within the definition.
In the United States, public utilities are often natural monopolies because the infrastructure required to produce and deliver a product such as electricity or water is very expensive to build and maintain. As a result, they are often government monopolies, or if privately owned, the sectors are specially regulated by a public utilities commission. The first public utility in the United States was a grist mill on Mother Brook in Dedham, Massachusetts.
Discover what Seattle Public Utilities is all about.
Net Neutrality: Is the Internet a Public Utility? | Idea Channel | PBS Digital Studios
Public Meeting of April 21, 2016
Should the Internet Be Regulated Like a Public Utility?
Should the Internet be regulated like a public utility?
week8 Public Utility Regulation
Richard Epstein, "A History of Public Utility Regulation in the Supreme Court"
Should Banks be a Public Utility?
Should Banks be a Public Utility?
Law 270.6 - Lecture 3 - Public Utilities & Rate Regulation: Cost of Service Regulation (Part 1)
At your utility, our job is to protect the area's quality of life. To do that, we: • Maintain some of the nation's best drinking water -- no need to buy bottled water! • Help Seattle residents and businesses be recycling leaders -- we divert more waste than practically any city. • Protect local waterways and the Sound from polluted storm and waste water -- through rain gardens, tank systems and overflow treatment.
The views discussed in this episode do not necessarily reflect the views of PBS or its member stations. All thoughts and opinions presented are the province of Mike Rugnetta. Is the internet a public utility? No. Should it be? That's an interesting question. The Internet, as we've said many a time, is a glorious series of tubes, and Internet Service Providers (ISPs) sell us access to those tubes. But the FCC is considering a new Two Tiered system, in which some companies could pay ISPs for faster delivery. This topic (aka Net Neutrality) has made us think about the important role the internet plays in our lives. Is internet access so important that it should be classified as a public utility or common carrier, like water & electricity, or public buses and subways? Watch the episode and fi...
Recording of the April 21, 2016, Public Meeting of the PA Public Utility Commission in Harrisburg.
Feb. 25 -- Georgetown University's Larry Downes, author of "Big Bang Disruption," and Michael Copps, formmer commissioner of the FCC, discuss the future of Internet regulation with Bloomberg's Cory Johnson on "Bloomberg West."
The debate over net neutrality is heating up. The FCC is expected to propose regulating the Internet like a public utility. CNET's Bridget Carey joins CBSN with more on what this means for consumers.
Rate regulation today is often conceived of as an exotic topic of interest only to a select group of pointy-headed specialists. But the truth is quite the opposite. The history of rate regulation raises some of the most fundamental challenges to the organization of a free society. This lecture will trace the evolution of the doctrine from its common law origins in Sir Matthew Hale's seventeenth century treatise, De Portis Maris (Of the Gates of the Sea) through its incorporation into American Constitutional Law to the major synthesis of rate regulation in the 1944 decision in Hope Natural Gas v. Federal Power Commission. On the one side lies the need to constrain monopoly profits; on the other lies the need to prevent confiscation of the the invested capital of the regulated industry. Th...
Yves Smith: Finance sector controls the regulatory process - there needs to be a publicly controlled alternative to the private banking system
Leo Panitch: The OWS movement should adopt the demand for banking in the public interest which challenges the system
Law 270.6 - Lecture 3 - Public Utilities & Rate Regulation: Cost of Service Regulation (Part 1) January 31, 2008 The role of a PUC, its organization, duties and procedures; how regulation works; rate base, rate of return, operating expenses; judicial review, including the first of the classic cases.